JKH - Start Collecting

JKH - Is a stock that all can not touch. Many experts fail to predict its direction up or down. However this is the maker and breaker of the entire market from time immemorial. Instead of timing the right price the practical approach toward this stock would be to collect and average. As many indicators have turned upside there is no time ideal to collect it than now. As mentioned earlier 153.50 to 159 range appears to be the present support range, and this base looks to be strong with the counter being oversold. In the short term we might see it's trending towards 170, with a test around 168 and 169. There is a major resistance evident at 165.00, as it was very strongly supported at that with a double bottom in the earlier rally which took the counter right up to 180.00. If someone decides to take a trade, then by all means STOP LOSS, and don't blame no one otherwise.